"Debt Adjustment and Welfare Consultation at Once"... Shinbokwi 'Interactive System' Used by 1,647 People in One Month

Two-way Service Structure for Credit Recovery and Welfare
[Photo by Credit Recovery Committee]

[Asia Economy Reporter Song Seung-seop] The Credit Recovery Committee announced that the number of users of the credit recovery and welfare bidirectional system, implemented in December last year, increased by 1,647 last month, reaching a total of 2,081.

The credit recovery and welfare bidirectional system is a service that allows individuals to receive consultations on necessary debt adjustment and welfare programs at once by visiting either the Credit Recovery Committee or a local government office. It utilizes the Social Security Information System and is operated under a business agreement with the Korea Social Security Information Service.

Among all users, the number of cases where the Credit Recovery Committee requested local governments for welfare benefits for debt adjustment applicants was 2,031, while local governments requested debt adjustments for welfare program applicants 50 times.

Lee Gye-moon, Chairman of the Credit Recovery Committee, said, “For vulnerable groups who have become financially difficult to regain independence, support from welfare programs such as living assistance, housing, and medical care is necessary in addition to debt adjustment,” adding, “We will strive to enable more customers to quickly recover through the bidirectional system.”

This content was produced with the assistance of AI translation services.